Zip 48757 (Reese, MI) Economy


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United States / Michigan / No Metro Area / Tuscola County / No City / Reese (zip 48757)
Reese, MI is a small town located in the 48757 zip code. It is a great place to live with affordable rent and grocery cost index. The average two bedroom rental costs $720, which is significantly lower than the nationwide rate of $1,430. Likewise, the Grocery Cost Index in Reese is 91 compared to 100 across the U.S. Reese offers a wide variety of local attractions including Dow Gardens, Apple Mountain Golf Club and Devries Nature Conservancy. There are also many local companies such as Frosty Treats Ice Cream Shoppe, Food By Design Catering Company and Lareau Construction. There's something for everyone in Reese!

Reese (zip 48757) has an unemployment rate of 6.3%. The US average is 6.0%.

Reese (zip 48757) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Reese (zip 48757)
- The Sales Tax Rate for Reese (zip 48757) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reese (zip 48757) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Reese (zip 48757)
- The average income of a Reese (zip 48757) resident is $26,145 a year. The US average is $28,555 a year.
- The Median household income of a Reese (zip 48757) resident is $66,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReese, MichiganUnited States
  6.36
  -6.0%-6.2%
  18.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $41,159$37,638
  $66,875$69,021
  $90,583$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  4.8%6.8%
  17.1%10.0%
  2.7%2.5%
  12.3%11.0%
  3.3%4.8%
  0.6%0.8%
  1.9%1.9%
  3.2%4.7%
  2.2%1.9%
  2.8%7.6%
  0.0%0.1%
  2.9%4.2%
  11.3%9.3%
  12.7%14.0%
  0.9%2.1%
  6.4%7.0%
  8.3%4.8%
  2.1%4.7%
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